January 22, 2022 5:03 pm

Brussels approves the disbursement to Spain of the 10,000 million of the first tranche of the recovery fund




The European Commission has approved this Friday the disbursement to Spain of the first tranche of the recovery fund, which amounts to 10,000 million euros, as announced by the president of the institution, Ursula von der Leyen.

“It will be the first EU country to receive a payment, worth 10,000 million, once the other Member States authorize it,” explained the head of the Community Executive in a brief message in Spanish on her Twitter profile.

Spain was the first country in the EU to make a formal request to receive the first disbursement and it was able to do so after having signed with the Community Executive the technical document that stipulates how to verify compliance with each commitment.

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